UK tax breaks – ELSPA responds

The importance of the UK video games industry is at last being recognised – that’s the conclusion of trade body ELSPA in light of the Government's pledge to support the UK games industry with tax breaks.

The organisation has also pledged to continue working with the government during the scheduled summer consultation period.

“I am delighted that this financial measure will support private and inward investment in the computer games industry and will help keep British talent in this country,” ELSPA director general Michael Rawlinson.

“We look forward to examining the details of these proposals and ensure that the measure is designed and implemented to support the largest number of businesses in the UK. ELSPA is ready to work alongside key stakeholders and take a full and active role to deliver for the computer games industry as a whole.”

ELSPA chairman and Mastertronic MD Andy Payne added: “The UK computer and videogames industry, ELSPA and TIGA, have been in discussions with Government for the last four years to examine ways that we can work together to capitalise on the wealth of talent and significant provenance here in the UK.

“It is absolutely heartening news to hear that the Chancellor has offered support for one of the country’s leading creative digital businesses. This is a very significant day for the computer and videogames business in the UK.”

MCV is the leading trade news and community site for all professionals working within the UK and international video games market. It reaches everyone from store manager to CEO, covering the entire industry. MCV is published by NewBay Media, which specialises in entertainment, leisure and technology markets.